Annual general meetings of listed companies are usually anodyne affairs. Older shareholders either sing the companies’ praises or quibble about the dividends on offer.
But when it’s India’s most valuable company, headed by the world’s sixth-richest person, there is a lot of interest from investors and the media. And not without reason.
At Reliance Industries Limited’s (RIL) 2019 AGM, chairman and managing director Mukesh Ambani a stake sale in its oil-to-chemicals business to Saudi Aramco, and the launch date for its fibre-to-the-home broadband service.